Doracakeswap, an ambitious crypto project, is adding another product, barely a few days after introducing its popular lottery. By the way, its lottery is trending as a result of its unique terms and conditions. Most of all, its transparent nature is the key reason why many people prefer it.
Since the introduction of the lottery a few days ago, many people have joined its communities. As if it’s not enough, Doracakeswap has added another trending product to its portfolio. Within a few days within October 2021, it will launch its NFTs marketplace. This shows how committed the company is to meet the needs of its growing member base.
As we note, it looks more certain than before that Doracakeswap aims to bring the hottest products in the crypto space to its platform. It’s fair enough to say that the platform has quality products which also include Multi-wallet, a DeFi-decentralized exchange, its internal token (Doracake), and the “Buy crypto with Credit Card.”
Of course, these are the hallmarks of an innovative crypto project. Now, let’s focus our attention on the NFT marketplace.
Doracakeswap NFT Marketplace
There is no doubt that apart from cryptocurrencies Non-fungible tokens (NFTs) are the hottest digital asset based on the blockchain. And just like cryptocurrencies, people who create NFTs have a great opportunity to make good money.
The current trend shows that NFTs are fetching a lot of money. We have a few examples of some NFTS sold for over millions. Therefore, by bringing NFTs to the Doracakeswap, digital creators such as artists have a chance to generate much money from these digital products.
Therefore, Doracakeswap promises a vibrant platform for its users who include NFTs lovers. However, it is important to note that Doracakeswap does not have the features for people to create their NFTs on the platform. In fact, as a non-fungible token marketplace, it offers people the opportunity to buy and sell these unique digital assets.
How does the NFT marketplace affect the Doracakeswap Economy?
As mentioned above already, the Doracakeswap economy comprises various products which include lottery and a decentralized exchange. Yet, at the heart of the economy is the Doracake, its native token.
The official statement from the Doracakeswap website is “we will launch our own platform for NFT artists where they can sell their NFTs and customers can easily get NFT directly from the Doracakeswap official website.” What is the implication?
Many people will flock to Doracakeswap to buy and sell NFTs, resulting in the greater adoption of the Doracake token. As a result, its price is likely to rise steadily over time as more renowned artists use the NFT marketplace.
One Doracakeswap spokesperson said: “We are targeting international NFTs artists to collaborate with us.”
When will the NFT Marketplace become operational?
Looking at the above discussion, you may think that the NFT Marketplace will be introduced in some months to come. No, that is not the position. Doracakeswap will introduce the full-fledged NFT marketplace this month, October 2021. Yes, you have read that right. People will buy and sell NFTs at the Doracakeswap platform this month.
What’s the next step?
As we wait for the launch of the NFTs marketplace, it’s time to get acquainted with other Doracakeswap running projects or products like staking. You can get additional information on its various social platforms which include telegram and LinkedIn.